you're absolutely right, tamron. they know they can't have the same sort of disastrous debacle happen that we saw during the debt ceiling fight of 2011. i think that they know they have to work together. president obama feeling emboldened about winning re-election. he's demanding that the bush era tax cuts expire for the wealthiest americans. that's something that republicans have typically opposed, but today house speaker john boehner seemed to suggest he was open to wiggle room on the issue of taxes or fresh revenues. on the other hand, democrats are willing to compromise on sacred cows, entitlement reform. let's hear more of what the congressional leaders had to say after the meeting. take a listen. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. we should share some milestones of success so that confidence can build. >> we have the cornerstones of being able to work something out. we're both going to give up some of the things that we know are a problem